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Businesses For Sale   >>   United Kingdom Businesses For Sale Categories   >>   

Software Company - Providing Back Office Software

Location  United Kingdom
Asking Price Range  < $250K
Gross Revenues  $299240
Net Profit / Cash Flow  $91139
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1983
Number of Employees  1 - 3
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Training  The owner will provide full business familiarisation, training and handover as required to ensure a smooth transfer of the business to new owners
Reason for Sale  Retirement
Description  Software Company- Providing Back Office Software To Small &Medium Enterprises Ref.IU168 Location Relocatable Asking Price œ 125,000 This unique and well established business was set up by the vendor some 30 years ago and provides its own unique platform to small and medium sized travel agencies through the UK. The company has developed its own "off the shelf" system which it sells to customers on a long term rental basis. This means customers do not have to invest a large amount of money up front and it also ensures the business enjoys steady income streams year on year. The company has some 80 regular customers based throughout the UK. Typical customers are independent travel agents and two/three site operations. The company has a good spread of loyal clients(many have been with then since inception), the largest representing circa 10% of overall revenues. In addition to the core travel agency system provision the company also provides hosting/maintenance services for a small number of overseas booking websites as well as a stock control and back office module for the villa rental market.S
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